GUILLERMO LUCHANGCO, founder and chairman, Investment Capital Corp. of the Philippines
GUILLERMO LUCHANGCO, founder and chairman, Investment Capital Corp. of the Philippines

IT was two years after the 1986 EDSA Revolution, and hopes were high that the Philippine economy would finally be reinvigorated with the infusion of fresh capital from investors. For Guillermo Luchangco, it was finally the right time to open a new business. The former managing director of the leading accounting firm SyCip, Gorres & Velayo (SGV) and vice chairman & president of PSE-listed company Republic Glass, remembered the conditions back then, saying “that was the time when the revolution happened and Marcos was removed, and the economy looked like it was gonna pick up, and I felt it was a good time to start my own company.”

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